Is It Worthwhile to Have a Long Term Rental Car in Metro Manila?
Ordinarily, a rental car is used by
travellers when going on weekend excursions or traveling on holiday, or for
specific events. Not many people are aware that there is also the possibility
of renting vehicles for longer durations, perhaps annually or monthly.
These autos are used more in the
capacity of an individual's daily circumstances instead of periodically for
trips, almost like a car of their own.
If you're in another country, for
example, Philippines, and plan to stay there for an extended time, you might
require a hired car for longer than the average traveller. It would help if you
also kept in mind that country's rules for extended stays.
How Does Extended Car Hire Work?
Monthly or annual Manila car hire is comparable to renting
a car for the short-term only if the duration is extended. Those who have gone
on longer holidays might have an idea of how it works.
A primary benefit is the discounts
agencies tend to give when renting for longer periods. These rates tend to get
better the longer you have the vehicle and tend to vary depending on the
agency, sort of car, and limit to the mileage you anticipate. That can be as
great as 3+ kilometers monthly.
The variables range to find what works
for your specific circumstances.
With a monthly hire agreement, you
can have the auto for as little as one month or as long as a few months. That
allows you to continue to renew depending on the need or return it ahead of
time if your time in Philippines comes to a close. The only requirement is that
the contract is fulfilled with the minimum rental days.
Benefits Of Extended Car Hire
Renting a car ordinarily has its
benefits especially when in another country like glorious Philippines but doing
so for an extended period like monthly or annually comes with its own set of
advantages. Let's check out some of these.
Price point
A primary benefit for extended car
hire is the price. The suggestion is that hiring an auto for a month's time has
the potential for being more budget-friendly than your own vehicle, not to
mention the fact that it's less costly than a car rental for a shorter
duration.
If you know you need the car for at
least three weeks, taking it for an entire month can actually save you money, and
if the time schedule is adequate, it's worth it.
No bureaucracy
When hiring a car from a rental
agency, the company handles all the red tape involved. That includes the
maintenance of the auto, any documentation, taxes, insurance, and anything else
that comes along.
If the car remains with you for the
long term, almost like it belongs to you for your daily vehicle, you won't have
the same headaches of remembering to take care of any kind of documentation.
Flexibility
Car agencies that allow monthly or
annual rentals let their clients return vehicles anytime that's convenient. If
you find you need it perhaps a bit longer, it's not an issue. The company will
extend for the duration that's needed. If there's a need to return it sooner,
it's wise to pay attention to the contract's day minimum for a monthly period.
A 28+ day timeframe will garner you
the most budget-friendly price for a month. Returning it sooner will likely
result in a typical car rental charge from the day the contract began.
Brand new car
When you buy a new car, eventually
it wears in, the novelty goes away, and you lose that smell that a new vehicle
generates. Fortunately, with hiring an auto on a monthly or annually basis, you
get that regularly since you have the opportunity to drive a different car each
time you start a new cycle.
Maintenance / Insurance
Since the auto is not in effect your
vehicle, its responsibility does not lie with you. That means renewing the
insurance will fall with the hiring agency, as does taking care of all the mechanics
and maintenance that comes with owning an auto.
If there are any issues with the
car, it's only a matter of reaching out to the company for repairs or a
replacement vehicle. A rental company's monthly line of autos already has a
basic protection plan covering any potential defects.
No worries with resale
The notion of having to deal with
resale is frustrating. You can either leave it at a dealership or attempt to
sell it in private. On the one hand, you can lose a tremendous amount of money
at the dealership, but private sales are time-intensive and require much
patience.
These issues don't come into play
when driving a hired car. If you need to switch out a vehicle, you can request
a change with the agency, and it's done with no fuss.
What Are The Requirements For
Renting Long-Term
When you decide you need to rent a
vehicle, perhaps in another country on business or maybe moving to Philippines,
it's vital to ensure that you meet the eligibility requirements. Some of the
standard requirements include:
1.Ages could vary depending on the
country you're visiting. Typically, you need to be at least 25 years of age to
hire a car monthly or annually in Manila.
2.A valid driving license (national)
is required and must be held for at least two years.
3.You must have a major credit card
with a spending limit that will cover the agency's deposit amount.
4.Security for repayment of the car
hires monthly instalment charges.
It's wise to make all the travel
arrangements, including booking a vehicle well before leaving for the holiday.
Many suggest roughly scheduling out four weeks before the date you're to go.
That allows time for any problems to
be resolved, all paperwork to be completed, documents to be received, and so
you can get the car you want with the features you need for the days necessary.
What Is The Estimated Cost Of Hiring
A Car For A Month
There are variables associated with
the cost of hiring a car each month. For one, it will depend on the rental
company and the country you're in when you need to rent an auto.
You need to estimate the number of
kilometres you might drive since the amount you'll pay will be higher as that
increases. It will also depend on the sort of vehicle that you select. Again,
the higher the auto category, the greater rate you will owe.
How Do You Know Long-Term Is Right
For You
Some people prefer not to have an
auto in their name but need a vehicle for daily use. In other situations,
individuals might regularly travel to other countries and require hired cars
once arriving to get around on extended stays.
In either situation, there is a
growing trend of individuals using rental cars as their everyday vehicle. In
this way, they have a new car at all times with no fear of mechanical issues,
all maintenance and insurance are taken care of.
There's no responsibility to worry
about the documentation hassle that tends to follow a driver with their own
car. Plus, you don't have the typical costs nor the depreciation of an owned
car, raising the expense to the point it's more budget intensive than the price
of a monthly rental.
The money you invest into a monthly car rental is worth the time,
energy, and cost you actually save from owning a vehicle and all the
responsibility and expense that comes with that.
Final Thought
Whatever the reasons for needing a
hired auto for longer than the standard rental period, monthly and annual
periods have advantages, including saving money for the client.
Often, individuals will travel to
another country, perhaps Philippines, either with the intention of moving there
or for business and find that they need a vehicle for a much longer period than
what's usual. Instead of shipping their own car or if they don't have a car of
their own, hiring one is the logical step.
Car agencies will typically allow
monthly and more extended rental agreements with price points decreasing the
longer you have the auto. With that extended hire, the agency handles all
responsibilities associated with the vehicle, with you only needing to ensure
that you don't damage it.
That means they take care of all the
necessary documentation, perform any mechanics or maintenance, handle the
insurance, taxes, anything that comes with owning a car.
Because you're not in effect the
owner, you can avoid all that headache plus enjoy driving a new vehicle with
each cycle. That means you don't need to worry about mechanical issues while on
the road. There's something about hiring cars that are catching on over owning.
It might be the new thing.
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